HR Daily Advisor

JANUARY 24, 2018

By definition, cafeteria plans allow employees to choose between cash and a variety of employer-provided benefits without having to include the value of their chosen benefits as taxable income. Cafeteria plans are popular because they allow employees to design individualized benefits programs that suit their own special needs.

HR Planning 43

HR Planning Compensation Handbook Employment Law 43

HR Daily Advisor

OCTOBER 24, 2017

Since 401(k) retirement savings plans first appeared in the early 1980s, they have grown rapidly. This option of receiving money as either part of one’s compensation—as cash, in other words—or as deferred income, is the essence of the term “cash or deferred arrangement” (CODA). 401(K) Advantages to Employers.

HR Planning 67

HR Planning Retirement Discrimination Handbook 67

HR Daily Advisor

FEBRUARY 14, 2017

Note: This article references content from The Flex Plan Handbook, with thanks to editor Rich Glass of Mercer, LLC. Arrangements outside a cafeteria plan adjusting salary to compensate for health FSA for­feitures may jeopardize the qualification of the FSA under Section 125 because this could be viewed as impermissible risk-shifting.

HR Planning 49

HR Planning Handbook Employment Law Compliance 49

HR Daily Advisor

DECEMBER 6, 2017

To ease employees’ concerns about access to their elective deferrals in the event of a financial emergency, an employer may provide for hardship withdrawals in its plan. Unlike loans, hardship distributions are not repaid to the plan. Thus, a hardship distribution permanently reduces an employee’s account balance under the plan.

HR Planning 46

HR Planning ADP Retirement Handbook 46

HR Daily Advisor

APRIL 11, 2017

Rest period violations are a source of enormous potential liability for employers, so it’s critical to ensure that you are appropriately compensating employees for their rest periods. Stoneledge paid sales associates under a “Sales Associate Commission Compensation Pay Agreement.” Safeway Stores, Inc.,

Wage and Hour Training 43

Wage and Hour Training Compensation Planning Tools HR Software 43

HR Daily Advisor

MARCH 15, 2017

Additionally, tax credits available to individuals who lack offers of employment-based insurance would be available to individuals with a broader range of incomes than the current tax credits are, a change “that could make nongroup coverage more attractive to a larger share of employees.”. Before joining CER in 2005, Ms.

HR Planning 54

HR Planning Comparison Employment Law Report 54

HR Daily Advisor

MARCH 28, 2017

However, if the employer is hoping to structure a more complex sort of “health reimbursement plan/stipend” under which the employees would receive additional, tax-free compensation provided that the employees use those funds to purchase health insurance in the individual market, then this type of plan can run into problems.

Employee Benefits 40

Employee Benefits HR Planning Employment Law Groups 40